GOLD and SILVER: How to Build A Strong Financial Plan Part Two:
Dateline: Tuesday, August 13, 2019
FNB is a precious metals industry leader. Each weekday, we post information and financial facts (and opinions!) that relate directly to the financial markets and also that have direct impact upon the daily lives of investors.
In our last session, FNB began a discussion about how to make a financial plan for your future using gold and silver as foundational assets.
Gold and Silver as Foundation Elements:
GET OUT of DEBT: ASAP!
The simplest solution to finding financial freedom is to: “Get out of Debt!’
Getting out of debt requires personal disciplines that most do not seem to possess. Take a look at some staggering consumer debt STATS:
2018 was a record breaking and record setting year: US consumer debt eclipsed the $ 13.5 TRILLION dollar mark for the first time in history
US Savings rates dipped below 4 % for the first time in US history
Average student loan debt soared past $ 50,000 + per borrower in fiscal 2018
Average credit card debt inflated to over $ 7,600 per household in fiscal 2018
Revolving credit (unsecured debt) raced through the $ 1 TRILLION dollar marker in the first quarter of 2019
How is this going to resolve itself? Where is the silver lining in these very depressing statistics? Where is there hope on the horizon?
FNB urges its readers to begin right now to eliminate their household debt. The way to do this varies from person-to-person, and from household-to-household. But some factors that need to be considered and put into motion are:
Sell items that you do not need and apply the monies received directly to reducing and/or eliminating your debts
Stop purchasing silly items: stop! This means cease and desist. No more. Only purchase items that are essential for your family to survive
Turn off as many subscriptions as you can: look at your cable bill and other subscription type services. Eliminate these and apply the monies saved directly to your outstanding debts
Live simpler: get small. Reduce as much of your lifestyle as you are able to minimalism. This simpler and smaller lifestyle brings benefits that go way beyond financial gain
Buy gold and silver: start buying gold and silver. In days to come we will give you an accumulation strategy that virtually anyone can easily implement
In our next session, FNB looks at the wacky world of mortgage management. And how properly managing your mortgage payments can bring windfalls of extra cash into your personal coffers.
Gold has merit as a risk reducer. Investors worried about market turmoil and volatility need to consider adding larger portions of physical gold and silver to their portfolios.
FNB strongly urges all savvy and thoughtful investors to ramp up their physical gold coins, bars and bullion holdings. FNB invites all to visit our website:
FNB invites all that live in or near our three physical locations in San Diego, Del Mar and Scottsdale to stop in and visit and meet one-on-one with our Team of precious metals experts.
FNB posits and strongly asserts that capitalism and the capacity to own, manage and profit from the collective of private properties and/or business initiatives is a driving force that America and its leaders simply must protect.
FNB remains diligent and unwavering in the call for common, average American people to seek out the Safe Havens of gold and silver coins, and gold and silver bullion.
FNB, a national precious metals industry leader and reputable gold and silver coin dealer urges investors, bond-holders, speculators and all who manage and/or oversee their family’s financial portfolio begin now migrating larger allocations into the historical safe harbors of: Gold and Silver.
Founder and Owner,
First National Bullion
For direct consultation with a gold and silver expert contact FNB: